WEEKLY CHART
DAILY CHART
DAILY CHART WITH FIBS
30 MINUTES CHART TRIANGLE
- 30 Minutes chart is showing a triangle which gave a false break out on the upside today.
- Daily chart fibonacci levels for the rise from 9757 to 10594 has retraced till its 61.8% level.
- Daily chart is trading well below its 50 day and 200 day moving averages. And as each day passes by the death cross possibility is coming closer and closer because 50 day is nearing 200 day moving average, The cross of 50 day below 200 day moving average will confirm the death cross, which is a very bearish event.
- The weekly chart is showing another day closing below the 50 week moving average.
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